2 days Ago By ABMN Staff
American Century Companies Inc. decreased its position in shares of Pactiv Evergreen Inc. ( NASDAQ:PTVE – Free Report ) by 6.
0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,911,695 shares of the company’s stock after selling 248,999 shares during the quarter. American Century Companies Inc.
’s holdings in Pactiv Evergreen were worth $44,280,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors also recently modified their holdings of the company. ICA Group Wealth Management LLC acquired a new stake in Pactiv Evergreen in the 4th quarter valued at $27,000.
TFO Wealth Partners LLC grew its holdings in shares of Pactiv Evergreen by 111,150.0% during the fourth quarter. TFO Wealth Partners LLC now owns 2,225 shares of the company’s stock valued at $31,000 after buying an additional 2,223 shares during the last quarter.
CWM LLC grew its holdings in shares of Pactiv Evergreen by 186.8% during the second quarter. CWM LLC now owns 3,396 shares of the company’s stock valued at $38,000 after buying an additional 2,212 shares during the last quarter.
Innealta Capital LLC bought a new stake in shares of Pactiv Evergreen during the second quarter worth about $83,000. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Pactiv Evergreen by 164.5% in the 1st quarter.
Public Employees Retirement System of Ohio now owns 7,302 shares of the company’s stock worth $105,000 after acquiring an additional 4,541 shares during the last quarter. 22.23% of the stock is owned by institutional investors and hedge funds.
Pactiv Evergreen Stock Up 1.0 % Shares of NASDAQ:PTVE opened at $11.29 on Tuesday.
Pactiv Evergreen Inc. has a 1 year low of $7.58 and a 1 year high of $15.
84. The company has a market capitalization of $2.02 billion, a PE ratio of -24.
54, a price-to-earnings-growth ratio of 1.13 and a beta of 1.31.
The business has a fifty day moving average price of $11.43 and a two-hundred day moving average price of $12.57.
The company has a debt-to-equity ratio of 2.72, a current ratio of 2.04 and a quick ratio of 0.
93. Pactiv Evergreen Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were paid a dividend of $0.
10 per share. The ex-dividend date was Friday, August 30th. This represents a $0.
40 annualized dividend and a dividend yield of 3.54%. Pactiv Evergreen’s payout ratio is currently -86.
96%. Analysts Set New Price Targets PTVE has been the subject of a number of recent research reports. Robert W.
Baird decreased their price objective on Pactiv Evergreen from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, August 2nd.
UBS Group lowered their price target on Pactiv Evergreen from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 8th.
Citigroup cut their price objective on shares of Pactiv Evergreen from $16.00 to $14.00 and set a “buy” rating on the stock in a report on Monday, July 8th.
Finally, Royal Bank of Canada lowered their target price on shares of Pactiv Evergreen from $15.00 to $13.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th.
Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $14.57.
Get Our Latest Stock Report on Pactiv Evergreen Pactiv Evergreen Profile ( Free Report ) Pactiv Evergreen Inc manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products.
See Also Want to see what other hedge funds are holding PTVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pactiv Evergreen Inc. ( NASDAQ:PTVE – Free Report ).
Receive News & Ratings for Pactiv Evergreen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pactiv Evergreen and related companies with MarketBeat.com's FREE daily email newsletter ..
